Consolidated earnings of Saudi banks declined 16% to SAR 2.5bn in September 2014 compared to SAR 2.99bn for the same month last year; according to SAMA’s monthly newsletter released today.
Earnings of Saudi banks rose 9% to SAR 30.73bn for the nine months ended September 30, 2014 compared to SAR 28.15bn for the same period last year.
The earnings included the results of the 11 Saudi listed banks in addition to the National Commercial bank (NCB) and 11 foreign banks’ branches operating in the Kingdom.
|
Saudi banks’ consolidated earnings September 2014 (SAR/billion) |
|||
|
change |
2014 |
2013 |
period |
|
+13% |
3.69 |
3.26 |
January |
|
+4% |
3.11 |
2.99 |
February |
|
+14% |
3.49 |
3.05 |
March |
|
+38% |
4.33 |
3.14 |
April |
|
+11% |
3.57 |
3.22 |
May |
|
(16%) |
2.83 |
3.38 |
June |
|
+7% |
3.41 |
3.18 |
July |
|
+29% |
3.80 |
2.94 |
August |
|
(16%) |
2.50 |
2.99 |
September |
|
-- |
-- |
3.14 |
October |
|
-- |
-- |
2.81 |
November |
|
-- |
-- |
1.59 |
December |
Consolidated balance sheet of Saudi banks showed 13% increase of assets reaching SAR 2068bn by the end of September 2014.
Deposits rose 13% to SAR 1526bn and loans’ portfolio grew 13% reaching SAR 1252bn as shown in the following tables:
|
Saudi banks’ consolidated Assets September 2014 (SAR/billion) |
|||
|
change |
2014 |
2013 |
Period |
|
+11% |
1937 |
1743 |
January |
|
+11% |
1953 |
1754 |
February |
|
+12% |
1991 |
1772 |
March |
|
+12% |
2012 |
1795 |
April |
|
+12% |
2032 |
1815 |
May |
|
+12% |
2032 |
1808 |
June |
|
+13% |
2051 |
1815 |
July |
|
+14% |
2069 |
1817 |
August |
|
+13% |
2068 |
1836 |
September |
|
-- |
-- |
1840 |
October |
|
-- |
-- |
1875 |
November |
|
-- |
-- |
1893 |
December |
|
Saudi banks’ consolidated deposits September 2014 (SAR/billion) |
|||
|
change |
2014 |
2013 |
period |
|
+13% |
1434 |
1266 |
January |
|
+14% |
1438 |
1263 |
February |
|
+14% |
1474 |
1292 |
March |
|
+14% |
1492 |
1313 |
April |
|
+12% |
1495 |
1331 |
May |
|
+13% |
1495 |
1327 |
June |
|
+15% |
1521 |
1328 |
July |
|
+15% |
1524 |
1325 |
August |
|
+13% |
1526 |
1346 |
September |
|
-- |
-- |
1342 |
October |
|
-- |
-- |
1365 |
November |
|
-- |
-- |
1402 |
December |
|
Saudi banks’ consolidated loan portfolio September 2014 (SAR/billion) |
|||
|
Change |
2014 |
2013 |
period |
|
+12% |
1136 |
1011 |
January |
|
+12% |
1148 |
1022 |
February |
|
+13% |
1167 |
1034 |
March |
|
+12% |
1180 |
1055 |
April |
|
+12% |
1196 |
1068 |
May |
|
+12% |
1215 |
1082 |
June |
|
+12% |
1221 |
1092 |
July |
|
+12% |
1233 |
1098 |
August |
|
+13% |
1252 |
1106 |
September |
|
-- |
-- |
1112 |
October |
|
-- |
-- |
1124 |
November |
|
-- |
-- |
1124 |
December |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}